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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?


To: Travis_Bickle who wrote (12166)3/16/2011 4:12:35 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 119360
 
>>For a market panic this market is not offering much in the way of bargains.<<

Nope...these days the market only acts rationally when it goes down. The rest of the time it's funny money......<NG>

Actually that's a bearish sign in itself......

The Glimmers are ridiculously cheap. NSU at 5 is UFB, they cash flow a half penny a day/share.....<NG>



To: Travis_Bickle who wrote (12166)3/16/2011 4:26:17 PM
From: orkrious1 Recommendation  Read Replies (1) | Respond to of 119360
 
Imo the Glimmer Twins will become known as the "New Blue Chips"

Seriously happy with their performance today as I own a great deal of them and not much of anything else.


There were a bunch of miners that looked damn good given the carnage. EGO, MFN, GSS (don't own any), and SA (own a sh*tload), all looked like studs.

That's a very good sign for the miners.

Oops, I almost forgot. PoG acted like the port in the storm it's supposed to.



To: Travis_Bickle who wrote (12166)3/16/2011 6:29:26 PM
From: yard_man1 Recommendation  Respond to of 119360
 
>> For a market panic this market is not offering much in the way of bargains. <<

because it is not a panic ... yet.

It could turn into one, though.

Someone already mentioned the RUT. No panic there -- a down day is all.

I remember panic. NDX had a beautiful reversal and everyone breathed a sigh of relief. Then the non-stop selling began. I wasn't holding tech stocks then, but I knew some who were ...